Fairfax India (FFXDF) to Release Quarterly Earnings on Thursday

Fairfax India (OTCMKTS:FFXDF) will likely be issuing its resultson Thursday, July 30th. Analysts expect Fairfax India to post earnings of $0.36 per share and revenue of $3.7220 million for the quarter.

Fairfax India (OTCMKTS:FFXDF) last released its quarterly earnings results on Thursday, April 30th. The company reported ($2.76) EPS for the quarter, missing analysts’ consensus estimates of $0.36 by ($3.12). The firm had revenue of ($379.97) million for the quarter, compared to the consensus estimate of $3.72 million.

Fairfax India Price Performance

OTCMKTS FFXDF opened at $18.25 on Tuesday. The company has a current ratio of 0.04, a quick ratio of 0.04 and a debt-to-equity ratio of 0.15. The company has a fifty day simple moving average of $17.98 and a 200 day simple moving average of $17.69. The company has a market cap of $2.46 billion, a P/E ratio of 9.86 and a beta of 0.85. Fairfax India has a 1 year low of $15.46 and a 1 year high of $20.49.

Fairfax India Company Profile

Fairfax India (OTCMKTS:FFXDF) is a Bermuda‐incorporated, Toronto‐based investment holding company that focuses on equity and debt opportunities within India’s rapidly evolving economy. Publicly traded on the OTC market under the symbol FFXDF, the firm seeks to deliver long‐term capital appreciation through a diversified portfolio of Indian financial services, consumer products, healthcare, and industrial enterprises.

The company’s primary activities include making direct equity investments in publicly listed Indian companies as well as participating in private placements and structured debt instruments.